Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

New Hydraulic Cylinder Facility in Oberopfingen Inaugurated

New Hydraulic Cylinder Facility in Oberopfingen Inaugurated

Jordan Buys 120,000 Metric Tons of Feed Barley

Jordan Buys 120,000 Metric Tons of Feed Barley

Crowley Appoints Megan Davidson as Chief Operating Officer, Succeeding Ray Fitzgerald

Crowley Appoints Megan Davidson as Chief Operating Officer, Succeeding Ray Fitzgerald

Bangladesh Issues Tender to Buy Additional 50,000 Tons of Rice

Bangladesh Issues Tender to Buy Additional 50,000 Tons of Rice

Subscribe for Maritime Logistics Professional E‑News

Norway grid operator mulls northern price zone split
Azerbaijan SOCAR and Hungary MVM sign new Gas Supply Deal
Source: Shell wants to dissolve Rosneft joint venture through which it holds CPC shares